Egypt Leads MENA in Property Investment in 2019: Dhaman

The Arab Investment and Export Credit Guarantee Corporation (Dhaman) has uncovered that three MENA counties managed to solely move the needle on property investment in 2019, led by Egypt by a significant margin at ...

Egypt Remains Africa’s Top FDI Recipient in 2019: UNCTAD

Egypt continues to be Africa’s largest recipient of foreign direct investment (FDI) flows in 2019, marking a 10.7% hike, despite the slump in FDI inflows to the entire continent to USD 45 bn (EGP 727.2 bn).

Egypt’s Account Deficit Falls, FDIs Jump in Q1 FY 2019/20

The Central Bank of Egypt (CBE) stated on December 26 that the country's current account deficit narrowed to USD 1.382 bn (EGP 22.53 bn) in the first quarter of FY 2019/20 from USD 2.012 bn (EGP 32.79 bn) in the p ...

CBE Reports USD 44.11 bn Foreign Reserves by End-March

The Central Bank of Egypt (CBE) announced on April 3 that the country’s net foreign reserves climbed to USD 44.11 bn at the end of March, up from USD 44.06 bn a month earlier.

Net FDIs in Real Estate Reach USD 237.4 mn: CBE

Investments in the oil and real estate sectors accounted for the lion’s share of net foreign direct investments (FDIs) in Egypt during the first quarter of FY 2017/18.

Free Zones’ Exports Up USD 1.1 bn in Three Quarters of 2018: Minister

The Egyptian free zones affiliated to the General Authority for Investment and Free Zones (GAFI) recorded USD 14.7 bn in exports during the first nine months of 2018, an increase of USD 1.1 bn compared to the year ...

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